DISPUTES - CURRENT ACCOUNT DEBIT, Sample Clauses

DISPUTES - CURRENT ACCOUNT DEBIT,. 12.1 If a claim is being disputed: (a) the Client in question or, as the case may be, the CMI shall: · immediately notify Crédit Agricole Leasing & Factoring of the circumstances relating to this dispute; · employ its best efforts to resolve this dispute without delay, directly with the Debtor, without prejudice to the Crédit Agricole Leasing & Factoring’s right also to attempt to resolve it. (b) Crédit Agricole Leasing & Factoring, without prejudice to any other right or remedy at its disposal may debit the Client’s Current Account with the unpaid amount or transfer it to the Reserve Fund. 12.2 The Debts will also be debited to the Current Account or transferred to the Reserve Fund, if, in particular: (a) they remain unpaid more than 60 days after their due date; or (b) statements, guaranties or obligations under the contract prove to be inaccurate or not respected; or (c) they exceed the Maximum Concentration Rate when they are consolidated with all Current Debts owed by the same Debtor; or (d) they are owed by a Debtor with whom the Client undertakes transactions exceeding his credit limits, it being understood that only the Debts owed by the Debtor beyond his credit limits will be debited from the Current Account, unless expressly otherwise provided for in the Specific conditions; or (e) the Client has extended the payment period without Crédit Agricole Leasing & Factoring having granted its prior approval in writing; or